How Quickly You Can Expect To Sell Your Home in These 15 North Carolina Cities

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North Carolina is seeing an influx in new residents. The Tar Heel State gained nearly 340,000 people from other states in 2023, year-over-year, according to recent Census data reported by The Charlotte Observer.

With more people moving to North Carolina, real estate there is increasingly in demand. According to Zillow, in the past year, home prices in North Carolina have increased 2.7%, with the average home value at $329,341. 

If you own a home in North Carolina and are thinking about cashing in on your valuable property, it’s wise to know how long your home could be sitting on the market.

In a new study, GOBankingRates looked at North Carolina housing markets to find out how quickly homes go to pending and how quickly escrow closes. The below 15 cities are sorted to show those with the shortest to longest mean days to pending. 

Meanwhile, if you’re thinking about buying a home in the Tar Heel State, you won’t be able to afford one in these places in less than a decade.

Greenville 

• Mean days to pending: 28
• Mean days to close: 36

Jacksonville

• Mean days to pending: 29
• Mean days to close: 38

Greensboro

• Mean days to pending: 29
• Mean days to close: 35 

Winston

• Mean days to pending: 30
• Mean days to close: 35

Burlington

• Mean days to pending: 31
• Mean days to close: 35 

Durham

• Mean days to pending: 31
• Mean days to close: 35 

Raleigh, NC

• Mean days to pending: 31
• Mean days to close: 36 

Fayetteville

• Mean days to pending: 32
• Mean days to close: 36 

Laurinburg

• Mean days to pending: 34
• Mean days to close: N/A 

Goldsboro

• Mean days to pending: 34
• Mean days to close: 37 

New Bern

• Mean days to pending: 34
• Mean days to close: 38 

Wilson

• Mean days to pending: 36
• Mean days to close: 37 

Charlotte

• Mean days to pending: 37
• Mean days to close: 34

Pinehurst

• Mean days to pending: 38
• Mean days to close: 

Mount Airy 

• Mean days to pending: 40
• Mean days to close: 39 

Methodology: For this piece, GOBankingRates looked at the 200 largest Metro Statistical Areas (MSA), according to the real estate market and found the following 10 factors. For each MSA GOBankingRates found: (1) 1-year percent change in home value; (2) 1-year change in home value in USD; (3) 2-year percent change in home value; (4) 2-year change in home value in USD; (5) For-Sale Inventory; (6) mean days from listing to pending; (7) mean list to sale ratio; (8) mean days from pending to close; (9) share of listings with a price cut; and (10) mean price cut. All data was sourced from Zillow’s June 2024 data. All 10 factors were then scored and combined with the highest score being the worst housing markets. In final calculations factors (1), (2), (9), and (10) were weighted 2x and factor (5) was weighted 0.5x. All data was collected and is up to date as of Sept. 26, 2024.

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